Xinhua News Agency reported fromslot xoPhnom Penh. Cambodia on Jan. 31 that a report by the Ministry of Commerce of Cambodia stated that the value of bicycle exports to Cambodia's foreign markets It has a total value of US$ 966 million (around 31,600 million baht) in 2022, an increase of 48% compared to the record US$ 651 million (around 21,300 million baht) in the previous year.
Mr. Pan Sowichet, Permanent Secretary and spokesman for Cambodia, said bicycle exports cover more than 50 countries and regions. This includes the European Union (EU), the United Kingdom, the United States, Canada, Japan and China.
Bicycles are now one of Cambodia's main industrial products for export, after clothing, footwear and travel goods. In which Cambodia is the number one exporter of bicycles in the Association of Southeast Asian Nations (ASEAN), now has five factories operating, all located in the Special Economic Zone in Bavet. in the province of Svay Rieng in the southeast of the country.
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